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1. • • The fee hikes come as Costco, like streaming companies, has been taking more measures to ensure fewer non-subscribers are hitching a ride on other customers’ memberships.
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     Costco’s first membership price hike in 7 years just went ...

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   Are Costco membership fees increasing?

   • Effective September 1, 2024, membership fees have increased. All Costco memberships will continue to include one free card for a designated member of the household who is 16 years of age or over. Our membership fees help to offset operational costs so we can keep our prices low.

   Membership Fee Increase - Costco Customer Service

   customerservice.costco.com/app/answers/answer_view/a_id/1013504/~/membership-fee-increase

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   How many Costco members will be affected by the price increase?

   • 52 million. That is about how many Costco members, a little over half of whom have the Business Membership, will be impacted by the price increase. Membership fees represent the largest share of Costco’s profits. The retailer reported $1.1 billion in membership fee revenue in its latest quarter and $4.5 billion in 2023.

   Costco Raising Membership Fees For First Time In 7 Years - Forbes

   www.forbes.com/sites/antoniopequenoiv/2024/07/10/costco-raising-membership-fees-for-first-time-in-7-years/

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   How much does Costco cost a year?

   • Link Copied! Costco has raised membership fees for the first time since 2017 with a $5 jump to $65 a year from $60 for most plans. Costco customers are now paying more for their annual memberships for the first time since 2017.

   Costco’s first membership price hike in 7 years just went into effect

   www.cnn.com/2024/09/03/business/costco-membership-fee-price-increase/index.html

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   Why are Costco fees increasing so often?

   • With high inflation and gas prices threatening the profit margins of grocery stores around the world, Tim Calkins, a clinical professor of marketing at Northwestern University’s Kellogg School of Management, was surprised by how infrequent Costco’s fee increases have been.

   Costco Raises Membership Fees for First Time in 7 Years

   www.nytimes.com/2024/07/11/business/costco-membership-price-increase.html

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   Are Costco customers paying more?

   • CNN’s Elisabeth Buchwald and Nathaniel Meyersohn contributed to this report. Costco customers are now paying more for their annual memberships for the first time since 2017.

   Costco’s first membership price hike in 7 years just went into effect

   www.cnn.com/2024/09/03/business/costco-membership-fee-price-increase/index.html

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   How will Costco's annual fees affect members?

   • The company estimated that 52 million memberships will be impacted, a little over half of which are Executive members, Costco previously said. Annual fees have been one of the biggest profit-generating areas for Costco, helping it offset expenses to keep its prices down.

   Costco’s first membership price hike in 7 years just went into effect

   www.cnn.com/2024/09/03/business/costco-membership-fee-price-increase/index.html

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3. customerservice.costco.com › app › answersMembership Fee Increase - Costco Customer Service

   customerservice.costco.com › app › answers

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   Sep 1, 2024 · Effective September 1, 2024, membership fees have increased. All Costco memberships will continue to include one free card for a designated member of the household who is 16 years of age or over. Our membership fees help to offset operational costs so we can keep our prices low.

4. www.cnn.com › 2024/09/03 › businessCostco’s first membership price hike in 7 years just went ...

   www.cnn.com › 2024/09/03 › business

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   Sep 3, 2024 · New York CNN — Costco customers are now paying more for their annual memberships for the first time since 2017. The retailer announced in July that membership fees would increase by $5 to $65 a...

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6. www.nytimes.com › 2024/07/11 › businessCostco Raises Membership Fees for First Time in 7 Years

   www.nytimes.com › 2024/07/11 › business

   Jul 11, 2024 · Costco Raises Membership Fees for First Time in 7 Years. An increase of more than 8 percent will take effect on Sept. 1. The base membership will go up by $5, to $65 per year.

7. www.reuters.com › business › retail-consumerCostco Wholesale to hike annual membership fees after seven ...

   www.reuters.com › business › retail-consumer

   Jul 10, 2024 · The annual fee, last raised in June 2017, would increase by $5 to $65 for "gold star" and business members and to $130 from the earlier $120 for executive members, the company said.

8. apnews.com › article › costco-membership-feeCostco raises annual membership fees for first time since ...

   apnews.com › article › costco-membership-fee

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   Jul 10, 2024 · The new fees, set to take effect Sept. 1, will boost the price of Costco’s basic Gold Star membership from $60 to $65 annually, while the cost for the premium Executive membership will rise from $120 to $130.

9. www.today.com › life › costco-raise-membershipCostco to Raise Membership Prices: What We Know - TODAY

   www.today.com › life › costco-raise-membership

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   Dec 26, 2023 · Costco shares update on raising its membership prices. The warehouse club says its last increase to membership prices took place in 2017, and that a hike is a “matter of when, not if.”...

10. www.forbes.com › sites › antoniopequenoivCostco Raising Membership Fees For First Time In 7 Years - Forbes

    www.forbes.com › sites › antoniopequenoiv

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    Jul 10, 2024 · Costco’s Gold Star Membership and Business Membership will jump from $60 to $65 per year in less than two months, while the Executive Membership fees will increase from $120 to $130 per...